The Employment Tribunal Service have this week released their official statistics for 2010, detailing the number and nature of employee grievance cases reported this year. The important figures for employers, however, will be the amounts paid out in compensation to employees in 2010. According to the figures, there has been a 56 per cent rise …
We’ve already looked at the types of professional insurance policies charities may need in order to protect both money and assets (pt.1), but what about the people associated with the organisation? Although not a business in the true sense of the word – as charities don’t operate for profit – charities do have staff and …
Professional insurance is generally needed to protect the assets and reputation of businesses, should they be sued for making a mistake or have to pay out compensation following an employee or visitor accident. However, professional insurance could also be useful for even charitable organisations. You may be thinking, why would a charitable organisation with voluntary …
New research has revealed that insurance brokers have to fight harder to get claims paid during the economic downturn due to the stricter policy interpretations and anti-fraud systems by insurers. In the research from the British Insurance Brokers’ Association (BIBA), 67% of broker respondents said that they had to get tough with insurers on behalf …
The online reputation management firm KwikChex.com is reportedly planning to lead a group defamation action against travel review website TripAdvisor, over what is being called ‘false’ or ‘unfair’ reviews published on the site. KwikChex.com has said that up to 1,000 complainants from hotel and restaurant industries could join the lawsuit in the weeks to come, …
The recent economic crisis has had a huge effect on many industries, but the financial and insurance sectors have possibly been hit the hardest. The latest consequence of the recession on the insurance industry, in particular, has been highlighted by a recent survey by the British Insurance Brokers Association (BIBA). It reveals that insurance companies …
Google has revealed that a class action lawsuit filed by disgruntled users of the company’s email service and their Google Buzz social networking application has now been settled for £5.5 million ($8.5 million). A corporation used to defending lawsuits, it is likely that Google covered the costs of this settlement using the company’s professional indemnity …
Today a new regional National Insurance Contributions (NICs) holiday for new businesses came into effect. New business set up outside London, the South East and East of England will be eligible for a holiday worth up to £5,000 for up to the first ten employees they hire in their first year of business. This means …
According to legal information provider Sweet & Maxwell, the number of defamation lawsuits has risen dramatically in the last two years. It also said that the increase has been led by celebrities suing the press for libel. The latest figures by Sweet & Maxwell reveal that the number of defamation cases reported in UK courts …